- Country: Zimbabwe
- Industry: Internet, eBusiness
- Stage: Start-up
- Investment size: $20,000 / min. $15,000
- ROI: 20% in 1 years
- Type of investment: Debt
I seek investors to help me establish a state of the art Internet café that will provide services to top executives something Zimbabwe hasn't seen.
We would like to provide a state of the art Internet Cafe that will mainly be for executives who do not want to be in crowded internet cafes. As a lot of people are now buying cars through the internet from Japan we will use our cafe to help executives search for their required vehicles and also teach them a bit about technology.
Revenue is to be generated from daily sales of the service with expectations to pay off the debt within the first year with a 20% interest to the investor. Funding will be to buy the computers, renting of building, subscription of 4g Broadband internet, Executive sofas and chairs. This will be a first in Zimbabwe and currently per day internet cafes make around US$300.
Taking 30 days of the month that is around US9,000 revenue each day and US108000 per year which shows that having an executive internet café will bring more and the investor will get 20% interest on the debt.
We will be a first Executive internet cafe in Zimbabwe offering quality yet relaxing services to the executives. Most internet cafes are usually crowded an there is no privacy but we will bring first class services to our clientele
Rationale for the deal
The demand for Internet services is a lot in zimbabwe especially among the executives.
Use of financing
To purchase computers, rent building, buy sofas, executive chairs and subscribe for the broadband internet. We should be able to pay investor within 6 months with a 20% interest on the debt.
Opportunity for the investor
We require US$20000 expected to be paid off within a year with a 20% interest payment.
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